Union Pacific Co. (NYSE:UNP) Shares Sold by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,343 shares of the railroad operator's stock after selling 6,189 shares during the quarter. Silvercrest Asset Management Group LLC owned about 0.05% of Union Pacific worth $73,735,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fiduciary Trust Co grew its stake in shares of Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after buying an additional 2,807 shares in the last quarter. abrdn plc boosted its position in Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares during the period. Border to Coast Pensions Partnership Ltd grew its stake in shares of Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after acquiring an additional 53,946 shares in the last quarter. Pinnbrook Capital Management LP purchased a new stake in shares of Union Pacific during the fourth quarter worth $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its holdings in Union Pacific by 128.3% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 36,798 shares of the railroad operator's stock valued at $8,391,000 after purchasing an additional 20,681 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

UNP opened at $230.55 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The firm has a market capitalization of $137.75 billion, a PE ratio of 20.79, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a fifty day moving average price of $224.29 and a two-hundred day moving average price of $233.67.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the firm posted $2.69 EPS. Union Pacific's revenue was down .1% compared to the same quarter last year. As a group, analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. Stifel Nicolaus reduced their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Finally, Loop Capital lowered Union Pacific from a "hold" rating to a "sell" rating and cut their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.86.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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